Darden Earnings Reports

Darden Restaurants reported Q3 2025 revenue of $3.16 billion, with net income of $323.7 million and EPS of $2.74. Adjusted EPS reached $2.80, a 6.9% increase year-over-year. The company's performance was bolstered by strong holiday and Valentine’s Day sales across several brands.

Darden Restaurants reported a strong second quarter with total sales increasing by 6.0% to $2.9 billion, driven by a blended same-restaurant sales increase of 2.4%. Adjusted diluted net earnings per share from continuing operations increased by 10.3% to $2.03.

Darden Restaurants' first quarter total sales increased by 1.0% to $2.8 billion, driven by 42 net new restaurants, but was partially offset by a 1.1% decrease in blended same-restaurant sales. Diluted net earnings per share were reported at $1.74, with adjusted diluted net earnings per share at $1.75, a decrease of 1.7%.

Darden Restaurants reported a 6.8% increase in total sales to $3.0 billion for the fourth quarter of fiscal year 2024, driven by the addition of 80 Ruth's Chris Steak House restaurants and 37 other net new restaurants. Same-restaurant sales were flat overall, with LongHorn Steakhouse showing positive growth while Olive Garden and Fine Dining declined. Adjusted diluted net earnings per share increased by 2.7% to $2.65, excluding Ruth's Chris transaction and integration costs.

Darden Restaurants reported a 6.8% increase in total sales to $3.0 billion, driven by the acquisition of Ruth's Chris and new restaurant openings, despite a 1.0% decrease in blended same-restaurant sales. Adjusted diluted net earnings per share from continuing operations increased by 12.0% to $2.62.

Darden Restaurants reported a 9.7% increase in total sales, reaching $2.7 billion. This growth was fueled by a 2.8% increase in blended same-restaurant sales and the addition of 78 company-owned Ruth's Chris Steak House restaurants and 45 other net new restaurants. The adjusted diluted net earnings per share from continuing operations were $1.84, a 21.1% increase.

Darden Restaurants reported an 11.6% increase in total sales, reaching $2.7 billion, driven by a 5.0% increase in blended same-restaurant sales and the addition of 77 company-owned Ruth's Chris Steak House restaurants and 46 other net new restaurants.

Darden Restaurants reported a 6.4% increase in total sales to $2.8 billion for the fourth quarter of fiscal year 2023, driven by a 4.0% increase in same-restaurant sales and contributions from 47 net new restaurants. Reported diluted net earnings per share increased by 15.2% to $2.58.

Darden Restaurants reported a 13.8% increase in total sales to $2.8 billion, driven by an 11.7% increase in blended same-restaurant sales and sales from 35 net new restaurants. Reported diluted net earnings per share increased 21.2% to $2.34. The company repurchased $124 million of its outstanding common stock.

Darden Restaurants reported a 9.4% increase in total sales, reaching $2.49 billion, driven by a 7.3% blended same-restaurant sales increase and contributions from 35 net new restaurants. The company's diluted net earnings per share increased by 2.7% to $1.52. Darden surpassed $10 billion in sales on a trailing 52-week basis for the first time.

Darden Restaurants reported a 6.1% increase in total sales to $2.4 billion, driven by a 4.2% blended same-restaurant sales increase and sales from 34 net new restaurants. Diluted net earnings per share were $1.56. The company repurchased $199 million of its outstanding common stock.

Darden Restaurants reported a 14.2% increase in total sales to $2.60 billion for the fourth quarter of fiscal year 2022. The company's blended same-restaurant sales increased by 11.7%. Reported diluted net earnings per share was $2.24.

Darden Restaurants reported a 41.3% increase in total sales to $2.45 billion, driven by a 38.1% increase in blended same-restaurant sales and the addition of 33 net new restaurants. Diluted net earnings per share from continuing operations was $1.93, and net earnings from continuing operations were $247 million.

Darden Restaurants reported a 37% increase in total sales to $2.27 billion, driven by a 34.4% increase in blended same-restaurant sales and the addition of 34 net new restaurants. Diluted net earnings per share from continuing operations were $1.48, and net earnings from continuing operations were $193 million.

Darden Restaurants reported a strong first quarter for fiscal year 2022, with total sales increasing by 51% to $2.31 billion, driven by a blended same-restaurant sales increase of 47.5% and the addition of 34 net new restaurants. The company's reported diluted net earnings per share from continuing operations was $1.76, and net earnings from continuing operations were $232 million.

Darden Restaurants reported strong Q4 2021 results, with total sales increasing by 79.5% to $2.28 billion. Same-restaurant sales increased by 90.4%, and diluted net earnings per share was $2.79, compared to a net loss per share of $3.85 in the previous year. The company's performance was driven by improved sales trends and strategic investments.

Darden Restaurants reported a decrease in total sales by 26.1% to $1.73 billion due to negative blended same-restaurant sales of 26.7%, though partially offset by new restaurant additions. The company's reported diluted net earnings per share were $0.98, with net earnings from continuing operations at $129 million. Despite the challenges, Darden focused on team member investments and strategic initiatives.

Darden Restaurants reported a decrease in total sales by 19.4% to $1.66 billion, driven by negative blended same-restaurant sales of 20.6%. Despite the sales decline, the company maintained strong profitability.

Darden Restaurants reported a decrease in total sales by 28.4% to $1.53 billion, driven by a 29.0% decrease in blended same-restaurant sales, though partially offset by the addition of 14 net new restaurants. The company's reported diluted net earnings per share were $0.28, with adjusted diluted net earnings per share at $0.56. The company fully repaid its $270 million term loan and reinstated a quarterly dividend of $0.30 per share.

Darden Restaurants reported a 43.0% decrease in total sales to $1.27 billion for the fourth quarter of fiscal year 2020, driven by a 47.7% decline in blended same-restaurant sales. The company reported a diluted net loss per share of $3.85 and an adjusted diluted net loss per share of $1.24.

Darden Restaurants reported a 4.5% increase in total sales, reaching $2.35 billion, driven by new restaurant additions and a 2.3% blended same-restaurant sales increase. Diluted net earnings per share from continuing operations increased by 5.6% to $1.90. The company has suspended its quarterly dividend and withdrew its full-year financial outlook due to COVID-19 uncertainties.